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Sunday, November 29 - 2009

SAIB, $100m global equity fund

  • Saudi Arabia: Thursday, April 06 - 2006 at 10:39

Saudi Investment Bank has opened subscriptions for a one-year, closed-end fund that will invest in Asian, European and US equities. The fund expects to raise $100m, and will be the first in Saudi Arabia to offer both emerging and mature stock markets, officials told Reuters.

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